Spot CVD chart: May 23, 1:00 a.m. UTC

The spot CVD chart provides an order book analysis for the BTC/USDT spot pair. The top section shows a volume heatmap, while the bottom represents the cumulative volume delta (CVD). - The volume heatmap at the top tracks the volume of trades at specific price levels. The background color becomes brighter when the price lingers in a certain range or moves significantly. Brighter areas may act as potential support or resistance levels. - The cumulative volume delta (CVD) indicator at the bottom shows buy and sell orders categorized by trade size. As buy orders increase, the corresponding colored line rises. The yellow line represents orders between $100 and $1,000, and the brown line indicates large orders between $1 million and $10 million.